The star of this auction was a representative of the most famous of all U.S. coins, a Draped Bust Silver Dollar dated “1804,” which sold for $3,887,500. In the early 20th century, one sold for $1,800. Mint: Philadelphia . C $130.23. When I last saw the Dexter-Dunham 1804 in July 1993, it was PCGS graded “64,” which was a controversial grade, as a letter “D” had been punched into it by a collector. The 1804 class I or “original” draped bust silver dollars are widely known as the “King of American Coins”, and with good reason. The finest example known is a Class I "Original" owned by the C. F. Childs estate; this remarkable coin was recently graded Proof-68 by the Professional Coin Grading Service. I maintain that the Mickley-Hawn-Queller 1804 would have received a CAC sticker if it was PCGS or NGC graded “58” or “58+” and then submitted to the CAC. If you would like to sell yours please bring it by our store during business hours. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. + 5 The attractiveness of the toning and other positive qualities of this coin have been overlooked, partly because of controversial 62 grade. Rarity-7. Rare Mint State 1904 Morgan Silver Dollar Finding a 1904 dollar with the "S" mintmark is a good start, valued higher than many other dates. (Experts at the CAC ignore the plus aspect of ‘plus grades’ assigned by grading services.) Silver Dollar Specimens There are 15 known specimens of the 1804 Silver Dollar in circulation. | 1946-1976: Louis E. Eliasberg, Sr. The characteristics of the Class I coin are lettered edges and no rust pit on the flip side to the left of the upper olive branch leaf. 1804 silver dollars marked new auction records all the way through the 1980s as prices rose steadily, first to five digits in the 1960s, then to the upper six-digit range by 1989, when the Dexter Class I Original sold for $990,000. BB-306. Yes, this may be the worst of them,” asserts Andy Lustig, “but it is attractive, very presentable and a good value. The focus here is on the Mickley-Hawn-Queller-Greensboro 1804 dollar. $747.30. To me, the Mickley-Hawn-Queller 1804 is far more attractive and exciting overall than the 1913 Liberty Nickel that sold for $3.17 million on April 25, 2013. Auction Record: $4,140,000 • PR68 • 08-30-1999 • … The problem with the coin is that it has a small hole drilled in it. Recognize the coin is in better than average condition and now it is possibly worth over $100. Bowers Borckardt-304. This 1804 Draped Bust Silver Dollar was consigned by the collector known as “Greensboro.” This coin was PCGS certified as “Proof-62” in 2013. Still, if you don’t know how to tell, take it to a reputable dealer or submit it to a grading service. Click on any link to view the actual coin. Yes, 1913 Liberty Nickels are much rarer. Top Rated Seller Top Rated Seller. The abrasions that are very apparent in enlarged images are not bothersome when this coin is examined in actuality. from Proxibid, Inc. Greg has done it again ! Since the silver dollar was still a legal denomination, the Mint created new dies and struck a small number of 1804 silver dollars. All are rare and never … The 1804 silver dollar coin is often called the King of American Coins, but why is the 1804 dollar coin worth so much and why was it made? Accurate 1894 Morgan silver dollar value is the combination of determining the mint that struck your coin and equally important, judging condition. For authentic U.S. minted 1804 silver dollars we are currently paying between $3 million to $7 million. Class I 1804 dollars were struck in 1834 or 1835 to be used for diplomatic gifts. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist.Though dated 1804, none were struck in that year; all were minted in the 1830s or later. In the same blog you will learn to distinguish real or fake coins This statement by Travers brings to mind the controversy over the grade of the Adams-Carter-French Class III 1804 dollar. They wrongly concluded that it would be illegal to mint 1834 dated Eagles in 1834. Class III 1804 dollars and the lone Class II piece are all regarded as ‘restrikes,’ though these are really novodels, creations that are different from corresponding “originals.” They were struck in 1858 or later to be sold to collectors and coin dealers. The Stickney-Eliasberg 1804 was PCGS graded “65” in 1997. In response to my questions, Halperin noted that the buyer owns “many” other Great Rarities and also owns rarities in other fields of collectibles. The 15 known 1804 silver dollars include eight examples of Class I, one of Class II, and six of Class III. Second Reverse. The location of all of the 15 known 1804 silver dollars are known. The history complete with all the players , and even speculation on how the coins patina was created . Top Rated Seller Top Rated Seller. An “original” or Class I 1804 Silver Dollar, graded Proof-62 by PCGS realized a final price of $3,877,500 including buyer’s premium. Being illegally created, the U.S. government searched and confiscated these coins. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. There are fakes that are worth about 20 dollars. Proof-65 (PCGS). Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. One comprises Class II … When it was auctioned in April 2008, the Mickley-Hawn-Queller 1804 realized $3,737,500. There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). A legendary collector, Joseph Mickley, owned this coin in the middle of the19th century. The "original" coin was actually produced in 1834 and 1835. In Oct. 1993, David Queller was the successful bidder for this 1804. This russet-purple color on the Mickley-Hawn 1804 and on the ‘King of Siam’ 1804 probably relates to the cases that were used at the time by officials at the Philadelphia Mint. 1804 Liberty Dollar 2 oz .999 Proof Cameo Silver Round # 4555 Free Shipping. Even so, the Mickley-Hawn-Queller piece is a wonderful coin. Halperin is the co-founder and co-chairman of Heritage. No need to register, buy now! The sell-through rate was 94% by quantity, 92% by value.” I will discuss other coins in this sale in the future, including a 1795 Eagle ($10 gold coin) and an 1851 Shultz $5 territorial coin that were both formerly in the Eliasberg Collection. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. The Idler - Bebee Specimen, now on display at the headquarters of the American Numismatic Association. Multiples of 500 are packaged in boxes. The man running the machine minted a few extra and maybe as many as half of these are accounted for. The first set, which is said to comprise of around fifteen coins, is known today as the Class II of the 1804 Silver Dollar coins. An 1804 silver dollar worth millions of dollars will go on the auction block Aug. 8 at the American Numismatic Association World’s Fair of Money in the Chicago 1. Indeed, published pictures do not convey the attractiveness of this coin. The Parmelee - Byron Reed Specimen. View More Images. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. It was one of more than 200 coins sold at the event. Others have sold for between $1 million and $2 million in recent years. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. Find the perfect 1804 silver dollar stock photo. Worth a premium, this "uncirculated" coin was never used and remains free from wear. Value of Class II 1804 Draped Bust Silver Dollar “Restrikes” Circa 1858. Essentially, 1834 Proof Sets each included a silver dollar and an Eagle ($10 gold coin) that is dated “1804,” along with 1834 dated representatives of the denominations of the time period: half cents, large cents, half dimes, dimes, quarters, half dollars, Quarter Eagles ($2½ gold coins), and Half Eagles ($5 gold coins). Reed Hawn was the consignor. Of the fifteen surviving 1804 dollars, eight are in private collections or other private holdings. Coins in 2020, NGC 1894-S Barber Dime, 1794 Dollar Each Realize Over $1 Million in Stack’s Bowers Sale, Over $17.8 Million in U.S. There are 3 different classes of 1804 silver dollar coins, They have auctioned for between $2 million and $4 million in the past depending on the class. A small bald eagle was featured from 1795-1797 and was replaced by a larger Heraldic Eagle from 1798-1804. The Mickley-Hawn-Queller-Greensboro Class I 1804 is of higher quality than at least two of the three privately owned Class III 1804 dollars. They do not need to be graded by a grading service. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. 2. Send us your feedback, comments, or suggestions. Shipped with USPS First Class Package. As for the precise numeric grade, really, who cares?”. In1834, President Andrew Jackson ordered that Proof Sets be produced to be given as gifts to the heads of state of some Asian nations. The Lady Liberty silver dollar from 1794 and 1807. The piece you posted in your photo only resembles the real thing. In the third (2006) edition of A Buyer’s Guide to Silver Dollars and Trade Dollars of the United States, written by Q. David Bowers and edited by John Dannreuther, this same 1804 dollar is listed as “Proof-50.” Most grading experts grade it as “55+” or “58,” possibly as a low “61.”. When I compiled a list of the Top Ten Auction Records earlier this year, the 2008 price for this 1804 was tied with the Jan. 2010 result for the Olsen-Hawn 1913 Liberty Nickel. 1804 Silver dollar, Class I ($4.1 million) …which is almost as much as a similar silver dollar from the same set of 15, sold by Bowers and Marena, which gained $4.1 million. Neat blue and orange-russet areas can be found on both sides, more so on the obverse, if I remember correctly. Very beautifully minted copy of 1804 dollar in pure .999 silver. Hello! In 1989, it was PCGS graded “45.” By Nov. 2001, it had been upgraded by the PCGS to “58.”, The Mickley-Hawn-Queller 1804 is of higher quality than the Adams-Carter-French piece. Although the 1804 Silver dollar is not the rarest coin in the world, it is known for being extremely rare. Class I examples were made circa 1834 - these all have lettered edges and no rust pit in the field just left of the top leaf of the olive branch on the reverse. CLASS I - Lettered Edge, 1. PCGS #: 6907. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. Of those eight, I recollect that three are definitely of higher quality than the Mickley-Hawn-Greensboro coin. The pre-convention auction as a whole realized more than $28 million. Class I 1804 dollars have more historical significance and it is generally held that they are slightly more valuable than Class III 1804 dollars. C $805.64. These restrikes were illegally produced by Mint employee Theodore Eckheldt starting in 1859 and intended for collectors. Various private mints have produced replicas of the 1804 dollar over the years. There are several tell-tile diagnostics for real 1804 dollars. A Weekly CoinWeek Column by Greg Reynolds It is allegedly a portrait of a Philadelphia socialite. + 5 The buyer of the 1804 dollar did not buy any other coins in this pre-ANA auction, “but has bought other high profile coins in [previous] Heritage auctions,” Jim adds. The coin is not real if you are referring to the 1804 silver dollar. Here are the top 25 most valuable silver dollars (Morgan's/Peace Dollars) from the late 1800's to the early 1900's (updated: 2021). Widely exhibited at banks and at the Smithsonian Institution. Scott Travers maintains that “grades of Great Rarities are being assigned by grading services on a relative basis, such that the grade of each coin is determined according to how coins above and below each have been certified. The Linderman - DuPont Specimen, now on display at the headquarters of the American Numismatic Association, 14. The seemingly original case for the ‘King of Siam’ Proof Set survives and, I believe, still accompanies the set. 1804 $1 Original - Class I BB-304 (Proof) Series: Draped Bust Dollars 1801-1804. Rarity-7. Others have sold for between $1 million and $2 million in recent years. add a comment +1 vote! PCGS … The date is too big, and the design devices are too small on the item you posted. Diameter: 40.00 millimeters Weight: 27.00 grams Mintage: 8. The Legendary Dexter Specimen of the 1804 Dollar Discovered in Germany in 1884 Class I, Original 1804 Draped Bust Silver Dollar. Smithsonian Institution: This unique specimen of the Class II 1804 dollar was struck circa 1858-1859, over an 1857-dated Bern (Switzerland) shooting taler. One recently sold for over $4 million at a recent auction! The 1804 silver dollar was called the "King of the U.S. Series" by the Chapman Brothers coin dealers as early as 1885 and to this day is known as "The King of Coins." The King of American Coins The United States Silver Dollar of 1804 Famous Berg-Garrett Specimen of the 1804 Silver Dollar In the Garrett Family Collection 1883 to 1942 Class III Circa 1859 1804 Draped Bust Silver Dollar. PCGS Proof-65, 3. If any silver dollars were minted during the year 1804, those probably would have been dated 1803. “There are only five Class I 1804 Dollars in private hands. 1885 proof Trade silver dollar $3 million — Only 5 were made, and this is now among the most valuable silver dollars from the second half of the 19th century. The 1804 Silver Dollar or Draped Bust Liberty dollar is a United States dollar coin considered to be one of the rarest and most famous coins in the world, due to its unique history. Known as the "Amon Carter" specimen (named after the famous Texas numismatist who once owned it), this example has a pedigree dating all the way back to 1876. (The most often found images of the ‘King of Siam’ 1804 give the impression that brown-russet tones dominate the coin, which is not close to the truth.). When this coin sold in August of 1999, it became the world's most valuable coin to date. These are the most valuable and famous of the 1804 draped bust silver dollar varieties. 1804 Restrikes were produced around 1859 for prominent collectors. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. The Mickley-Hawn-Queller 1804 Draped Bust dollar sold for $2.64 million at Heritage’s Long Beach auction, less than the $3.87 million it brought in 2013. Type: 1804 Dollar Year: 1804 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 19,750,000 [ Silver Content: 90% Silver Weight:.7735 oz. The Dexter Specimen, 7. Coins Sold in Stack’s Bowers Dec. 2020 Showcase Auction. We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. The silver dollar features Lady Liberty on the obverse side. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. The russet-gray and mottled green toning on the obverse is soothing and very pleasing. >Surfaces: The steel gray surfaces exhibit warm lilac and golden gray highlights throughout. Although the exceptionally detailed and impressive roster by David Stone in the Heritage catalog indicates that the price realized in 1993 was “$475,000,” I am almost certain that the auction result then was $522,500. Very nice ! We then filtered the data to show only the most expensive silver dollars, and this is what we came up with. A nice example of a top grade is the 1894 dollar pictured. CoinWeek Supplies Highlights _______________________________________________________________________. The only other coin to have sold for more than the 1804 Bust dollar is the 1933 Double Eagle — which brought in over $7.5 million at auction.. Watch Out For Fakes! These articles provide some background regarding the Greensboro Collection, as does a report last October. How much are they Worth? you can find them online. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. In the late 19th century, the most valuable coin wasn’t the 1804 silver dollar — it was worth just a piddling $570 in 1890 — but the 1892 World’s Columbian Expo half dollar. Coming in at number seven on our list of the most expensive coins in the world is the Silver Dollar Class 1, 1804. Get the best deals on 1803 Year US Early Dollar Coins when you shop the largest online selection at eBay.com. There are six 1804 silver dollars in museums and nine in private hands. Interviews with those closest to the coin . On the auction block was the Mickley specimen of one of the world’s most famous coins, which has captivated collectors ever … The Proof silver dollars struck in 1834 or 1835 are dated 1804 because some U.S. Mint officials honestly mis-interpreted the law and mistakenly figured that, to be legal, Proof silver dollars struck in 1834 or 1835 must be dated 1804, as U.S. Mint records indicated that 1804 was the last year in which silver dollars were struck for circulation. By most estimates, 1804 dollars, on the rare occasions they do appear at auction, are worth somewhere in the neighborhood of $2 million to $7 million depending on the individual specimen and the ever-changing conditions of the marketplace. Mr. Eckfeld sold these to unknowing coin collectors in Philadelphia. Great Rarities are one of the few areas of numismatics where certification is not a necessity; it is a bonus. Additional Proof Sets, with 1804 dollars, were probably prepared to be given as gifts to other chiefs of state in Asia. I was present at that Reed Hawn sale in New York in Oct. 1993.That same night, the Olsen-Hawn 1913 Liberty Nickel sold for $962,500. On August 30th, 1999 this coin sold for $4.14 million dollars at an auction. The 1804 Silver Dollar or Draped Bust Liberty dollar is a United States dollar coin considered to be one of the rarest and most famous coins in the world, due to its unique history. Later restrikes were made sometime after 1857 (a unique example shows the undertype of an 1857 Swiss Shooting Thaler)! 1804 CLASS I SILVER DOLLAR … The original, or “Class I”, 1804 Silver Dollars were presented to the King of Siam and the Sultan of Muscat and Oman, with other specimens dispersed under unknown circumstances or retained by the Mint. Designer: Robert Scot. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. Here is a link to a blog that gives you more information about this coin. Class I Original. PCGS PR62. With regards to the 1804 silver dollar, it … Class I Original. Certain qualities of the known 1804 Silver Dollars (and other facts concerning their history) indicate that the first 1804 Silver Dollars were struck in or about 1834, when orders came from the State Department for special sets of coins to be struck for diplomatic purposes. People who buy these Great Rarities care about how they rank, not about the specific grades assigned by grading services,” Scott emphasizes. Is the coin still worth something? The following is a complete roster of all known examples of the 1804 Silver Dollar, divided into Classes. Class I dollars were made around 1834. Even so, I have studied both coins and the Mickley-Hawn-Queller 1804 is just a more pleasing coin to hold and treasure. The U.S. Mint Specimen. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. The silver dollar, one of only eight of its kind, was snapped up at auction on Friday in Baltimore. The Rosenthal - ANS Specimen, 15. Measured weight is 2.2 ounces. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. This 1804 silver dollar is another one of the rarest and most expensive coins in the United States History. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. For there are few coins in the American catalogue that have been so much talked about, speculated over and extensively researched as this iconic coin. This site uses Akismet to reduce spam. The academic grade is becoming less relevant for a Great Rarity. 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